Valérie Tollet, Deloitte Luxembourg

Valérie Tollet Valérie joined Deloitte in 2012 as Director in the Cross Border Tax - Mergers & Acquisitions department, where she is currently Partner and has a specific focus on the Real Estate and Infrastructure market. She has over 17 years of experience in international tax and is advising in structuring deals for both listed and private clients, and particularly for Pan-European and International Real Estate and Infrastructure Funds. She assisted many investors in establishing their Real Estate vehicles in Luxembourg and advised on several Real Estate acquisitions in Europe. Valérie is an active member of several ALFI Real Estate Investment Funds (REIF) working groups.

Agenda

09.30 - 09.40

The Luxembourg RE industry: ALFI Real Estate Funds Survey 2017


09.40 - 10.30

Finding a safe haven for Real Estate Funds

A deep dive perspective of 3-4 case studies from different types of RE asset managers on stage, showcasing their solutions to seizing market opportunities, RE type strategies, through innovative structuring of their respective fund.


11.00 - 11.20

Pillars to Ensure Open End Fund Liquidity

Presentation and discussion on the most recent INREV paper which concentrates on the creation of liquidity in open end fund structures, by describing best case scenarios where investors and fund managers can go on to further successful investments in follow-on or new funds.

The report compares behaviours in a number of different European countries and identifies five pillars upon which a liquid open-end fund should be built. This clear framework sets out investor rights together with manager responsibilities and aims to create realistic expectations for open-end fund investments and to avoid conflict between the parties involved.

This study has been updated in 2016 to reflect latest guidance for exceptional circumstances such as Brexit. Local best practices section has been also extended with highlights from Switzerland and France.

Presentation of the INREV Open Ended funds Survey followed by an interview with the INREV WG Chairman


11.20 - 12.05

Building innovation and digitalisation in RE operating platforms

Setting the scene with an overview of the digital opportunities in the RE world, a panel discussion with leading RE players will explore the digital opportunities in RE operating models, focusing on the current digital priorities for real estate, the challenges and opportunities and what this means for investment decisions and business models.


14.00 - 14.30

A regulator’s perspective on current regulatory hot topics and the potential game changer for the Real Estate


14.30 - 15.30

Real Estate Debt

Starting with an overview of the current state of the Real Estate Debt realm followed by a roundtable discussion


14.30 - 15.30

Risk Management in the RE world

  • RM Governance and substance requirements in times of CSSF on-side inspections and increasing European pressure
  • Deeper dive: Risk Management and Risk Measurement, adequate Board reporting; increasing demands for RE Risk professionals
  • Future Outlook – challenges & chances

15.30 - 16.30

Platform design and innovation – A drive for operational Efficiency